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Planning Commission approves Rs 47000 crore plan size for Karnataka

-ANI Ahluwalia appreciated the State Government for strategy to make growth more inclusive and giving right priority to social sector The Planning Commission has approved an annual plan outlay of Rs 47,000 crore for Karnataka for the year 2013-14. The plan size was finalized in a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Karnataka Chief Minister Siddaramaiah here last evening. The plan size has been agreed at Rs. 47,000 crore...

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A wrong diagnosis

-The Business Standard NAC shouldn't have seen growth as the enemy of welfare For the nine years of the United Progressive Alliance government, the National Advisory Council led by Sonia Gandhi and including many well-known people from the corporate and non-governmental organisation world - mostly those with a left-of-centre perspective - has been the focus of much attention. The conventional narrative is that the NAC represented Sonia Gandhi's socialist instincts, and regularly...

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Mandatory CSR in India: A Bad Proposal-Aneel Karnani

-Stanford Social Innovation Review Looked at from the perspective of the political right, and the left, and the center, the proposed law making CSR mandatory is a really bad idea. Companies all over the world are under increasing pressure to demonstrate that they are responsible citizens, with about 70 percent of large companies in Europe and the Americas reporting on their corporate social responsibility (CSR) initiatives. Despite this, the very concept...

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Arvind Panagariya, a professor of Indian economics at Columbia University interviewed by Ullekh NP

-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...

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Education dept finally starts process to reimburse RTE bills -Baninder Rahi

-The Indian Express     Chandigarh: To meet the long-pending demand of private schools, the UT Education Department has finally initiated the process of reimbursing the bills submitted by private schools regarding the expenditure incurred on the economic weaker section (EWS) students and disadvantaged groups admitted under the RTE Act for the past three years. To verify the bills, the department has asked the schools to submit documents containing information regarding the number of...

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